Welcome to Real Estate for Today's Residential Investor! Discover how to use your residential properties for estate and financial planning with our everyday tips. We are a community of real estate investors of all experience levels who come together to learn, share and grow in our understanding of market trends and opportunities.

 

Whether you are buying or selling a home or a commercial property, I am committed to helping you meet your needs. Please feel free to browse my website and do not hesitate to contact me for further information on buying or selling properties.

Looking for a home now? Check out my Featured Listings.

http://www.realtor.com/realestateagents/Dennis-Bianchi_Santa-Fe_Nm_57706?DefaultTab=AgentListingsTab
Want to get acquainted with the Santa Fe market? Have a look at the Santa Fe MLS.
http://sfar.com/newsite/content/search/search.asp

Nationally, distressed homes – typically REOs (bank owned) and short sales (homes which are sold for what their mortgage balance is) – accounted for 40 percent of the existing homes sold in March, the National Association of Realtors (NAR) reported Wednesday. In Santa Fe/Santa Fe County REO’s and short sales accounted for about 30% of existing home sales for the past 120 days.

The NAR notes that these properties generally sell at discounts in the vicinity of 20 percent. Their large market share served to dampen the median existing-home price. For all housing types, the median sales price for Santa Fe/Santa Fe County was $310,000 in March, up from $300,000 in March 2010.

All-cash sales were at a market share of 36 percent for the past 120 days.

We here at the D.R. Bianchi Group pride ourselves on our expertise in New Mexico real estate, and if you're in the market, you've come to the right place for answers and other assistance.

 
Sincerely,

Dennis "D.R." Bianchi

Realtor, GRI, e-Pro, GREEN

505-501-1434 (Call or Text)

Bianchi@Realtor.com (Email)